Babson Academy Impact Report 2023

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BABSON ACADEMY ADVANCING GLOBAL ENTREPRENEURIAL LEARNING Impact Report 2023

#1

FOR ENTREPRENEURSHIP FOR 30 CONSECUTIVE YEARS – U.S. News & World Report

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ACCESS

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How Babson does entrepreneurship education 89+ Countries Since Our Founding Online and In-Person

CONNECT

.................. p. 9

With a community that advances entrepreneurial thinking, learning, and teaching to change the world 10,200+ Educators and Students Since Our Founding 1,500+ Institutions Since Our Founding

INSPIRE

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Your students to engage with the world using an entrepreneurial mindset Inspire Ages 12-60+


Letter from the Dean

Unleashing Global Potential with Entrepreneurship Education and International Exchange I’m excited to share this year’s Impact Report outlining the collective efforts of stakeholders at Babson and around the world as we strive to advance entrepreneurship education together. For me, what resonates in 2023 is the spirit of innovative education and the power of global connections. Our commitment to fostering a global mindset and cultivating entrepreneurial acumen stands at the forefront of our mission. As we navigate the dynamic landscapes of education and entrepreneurship, we recognize the profound impact that transcending borders can have on individuals and societies alike.

2023 FACULTY DIRECTORS Heidi Neck

Jeffry A. Timmons Professor of Entrepreneurial Studies, Academic Director, Babson Academy for the Advancement of Global Entrepreneurial Learning

One of my most memorable experiences of 2023 was the Babson Collaborative Global Summit, which was finally held at UDD in Chile after a long three-year wait, due to COVID. The wait was worth it, thanks to the contributions of so many educators and friends who filled a week with learning, experimentation, and connection. Afterward, I was inspired to return to Babson and build an even stronger community of educators.

Candida Brush

Entrepreneurship education is the cornerstone of our commitment to preparing the next generation of leaders. This year we are excited to extend this commitment to educators and learners in primary and secondary schools. It is never too early to build the skills to navigate uncertainties and seize opportunities.

Andrew Corbett

Our report delves into the ways we have contributed to increasing access for entrepreneurship educators, supporting innovative initiatives, building impactful partnerships, and facilitating success stories that underscore the role of entrepreneurship education in empowering minds and driving social and economic progress. By cultivating an entrepreneurial spirit that transcends borders, we can help shape resilient, adaptable, and globally minded individuals.

Phil Kim

I am so grateful for the Babson Academy team and our wider community, and I'm looking ahead to 2024 for another year of empowering connections and impactful collaborations. I hope you join us!

F.W. Olin Distinguished Professor of Entrepreneurship

Eliana Crosina

Assistant Professor of Entrepreneurship

Yasu Yamakawa

Associate Professor of Entrepreneurship Paul T. Babson Distinguished Professor of Entrepreneurial Studies

Jay Rao

Professor of Operations and Information Management Lewis Family Distinguished Professor in Social Innovation

Amir Reza

Dean, Babson Academy & Global Education

Kristin Getchell

Associate Professor of Business Communication

Zach Zacharakis

John H. Muller, Jr. Chair in Entrepreneurship

Bradley George

Associate Professor of Entrepreneurship

Beth Goldstein

Best wishes,

Senior Director of Academic Strategy, Babson Academy Youth Impact Lab

Mark Rice

Professor of Entrepreneurship

Amir Reza, PhD

Dean, Babson Academy & Global Education

Patti Greene Professor Emeritus

Vincent Onyemah

Professor of Sales and Marketing

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ACCESS

This year, we continued to increase access to our programs, community, and resources, engaging with roughly 500 educators in 50 countries.

Babson Build students

Increasing Impact in 2023 35 Programs

Supporting Lifelong Learning with Youth Impact Lab:

499

152 High School

Educators

977 University Students

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Students from

26

Countries

Growing Our Global Community 50

Total Countries Expanding Entrepreneurship Education in the Middle East and North Africa Region, Asia, South America, and Beyond

Strengthening Entrepreneurship Education via Collaboration 20

Custom Entrepreneurship Programs For Educators in 2023

+

Free Entrepreneurship Educator Webinars


Reaching Far and Wide in 2023 From the Middle East and North Africa to Asia, Central and South America, and beyond, the Babson Academy continues to increase access and expand our role in entrepreneurship education.

Expanding Collaborations in Middle East and North Africa (MENA) This was a big year for the Babson Academy to expand its global presence in the MENA region. Through a variety of initiatives, partner universities had the chance to explore relevant industry trends and apply real-world outcomes, fostering entrepreneurial growth in the region. Teaching an Entrepreneurial Mindset MENA Region Virtual Faculty Development Program The MENA Region Virtual Faculty Development Program supported educators in understanding the entrepreneurial mindset and helped them build a robust portfolio of mindset activities and experiences to directly apply in the classroom. The program was sponsored by the Babson Global Center for Entrepreneurial Leadership (BGCEL), located at Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC), and accepted regional educators. An additional session was added due to the popularity of the program. Over 100 MENA region educators from 45 schools attended in 2023.

“This program completely shifted my perspective on the entrepreneurial mindset. The course challenged us to rethink our approach to teaching and instilled in us a growth mindset that I am excited to pass on to my own students.”

Nermain Al-Issa Assistant Professor of Marketing American University of the Middle East (Kuwait)

“I am confident that this program will equip us with valuable knowledge, insights, and resources to enhance our teaching practices and inspire the next generation of entrepreneurs in the MENA region. Thank you, Babson College, for your commitment to fostering entrepreneurial excellence and for investing in the development of educators.” The Babson Academy’s foundational virtual program for MENA educators

Loubna S. Sourour Faculty Development Center Director University of Business and Technology (Saudi Arabia)

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Babson Collaborative Members Support Educators American University of the Middle East (AUM) Global Symposium American University of the Middle East (AUM) is recognized as a regional leader in technology and entrepreneurship. A Babson Collaborative member since 2020, AUM hosted a Global Symposium for Entrepreneurship Educators (Global SEE) with Babson Academy. The 43 participants from across the MENA region included faculty, industry mentors, and leaders of centers of incubation and entrepreneurship from Kuwait, Qatar, Bahrain, UAE, and Lebanon.

“It’s the entrepreneurs that are going to transform everything we do today. What this Symposium is doing is bringing all the key players in [the] entrepreneurship field in one place—in Kuwait, here at AUM—and hopefully will help prosper the entrepreneurship ecosystem within the region.”

Ben Ramdani Associate Professor in Entrepreneurship and Innovation Qatar University (Qatar)

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Participants in the AUM Global SEE

Entrepreneurial Leadership and Innovation: Think and Act Like a CEO

Our MENA Region Babson Collaborative Members

Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC)

• American University of the Middle East (Kuwait)

MBSC, a member of the Babson Collaborative since 2017, was founded to develop transformational leaders. Since 2018, MBSC Summer at Babson has brought master’s degree participants to Babson’s campus for a custom academic program spanning topics including: innovation dynamics and disruption, growth challenges, ways to navigate uncertainty and lead change as a CEO, and an enterprise transformation group project. In 2023, over 100 students participated over the course of two weeks.

• American University of Afghanistan (Qatar) • Prince Mohammed Bin Salman College of Business

and Entrepreneurship (Saudi Arabia) • The American University in Cairo (Egypt) • Holy Spirit University of Kaslik (Lebanon)

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High school students from China and around the world at NEIA Next

Deepening Partnerships in Asia The Babson Academy continues to serve a pivotal role in supporting entrepreneurship education across East Asia. In 2023, we deepened current partnerships and expanded access with new partnerships. Expanding the Entrepreneurial Way of Thinking in China New England Innovation Academy (NEIA) The Babson Academy’s relationship with NEIA continues to blossom. What began as a series of four modules for NEIA in Massachusetts led to a partnership with NEIA and their sister school, Wahaha International School, in Hangzhou, China. Students from NEIA and Wahaha attended the online Entrepreneurial Mindset program in February 2023. An award-winning Babson faculty member delivered some of the best entrepreneurship content to these high school students in China and the United States. In the summer of 2023, Babson further collaborated with NEIA to offer a summer entrepreneurial program for high school students from China and around the world: NEIA Next. Here, future entrepreneurs learned from the best and prepared to change the world. This three-week boarding experience provided students with an opportunity to learn entrepreneurial thinking, problem solving, and team building through classes, workshops, and networking experiences. The program culminated with students presenting business ideas that addressed a UN Sustainable Development Goal to a panel of experts.The program will run again in the summer of 2024.

A Return to In-Person Collaboration with Kyushu University in Japan Kyushu Global Symposium for Entrepreneurship Educators Babson Academy was delighted to be invited to Fukuoka, Japan, by Kyushu University for an in-person Global SEE in March 2023. This new in-person program was inspired by glowing feedback from the 2022 virtual Global SEE hosted by Kyushu during pandemic travel restrictions. Under the leadership of Professors Yasu Yamakawa and Zach Zacharakis, 35 faculty from 20 universities attended this threeand-a-half-day regional event.

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“I had the privilege of attending your class on global mindset during the NEIA NEXT program with Babson, and I wanted to express my heartfelt gratitude for this experience! Your lecture on global mindset has truly been one of the best classes I’ve ever been in, and it has enlightened me to become more globally aware. I am currently a TA for the global issues class at my school, and it feels amazing to be able to share some of the things I’ve learned in your class with the other students!”

Nicole Wang NEIA Next Participant

“My takeaway from the Global SEE program was that I gained a systematic understanding of entrepreneurship education and knowledge that I can immediately apply to my teaching (how to facilitate group work, how to use prototypes, how to teach leadership through DISC analysis . . . etc.).”

Yuka Watanabe Acceleration Manager and Assistant Professor Kyushu University (Japan)


Reaching 11 Countries in Central and South America INCAE Business School For the past six years, the Babson Academy has run a weeklong program for INCAE EMBA participants to come together and delve into Babson’s unique expertise in entrepreneurial leadership. INCAE EMBA students holding jobs as entrepreneurs, managers, executives, and family business leaders came to Babson from across Latin America. The Babson Academy hosts two EMBA groups each year.

INCAE EMBA students

IN 2023,

85 STUDENTS

Ecuador

Honduras

Co lom bia Peru

ATTENDED FROM:

Costa Rica Gu ate ma la

a am Pan r lvado El Sa

uela z e n e V ay u g a Par

Bolivia

“Babson’s program, focused on entrepreneurship and innovation, complements the EMBA experience excellently by exposing us to toptier professors with extensive experience in entrepreneurship and guiding companies globally to achieve transformations that maintain their competitive advantage.”

Omar Romero INCAE EMBA participant

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CONNECT The Babson Academy is dedicated to fostering connections and creating a brighter global future through entrepreneurship education.

The Babson Collaborative for Entrepreneurship Education Connects Institutions Around the World The Babson Collaborative, an award-winning institutional membership organization of the Babson Academy, advances entrepreneurship ecosystems and forges connections among global universities. The Collaborative serves as a bridge, connecting institutions with pedagogical best practices and thought leadership from Babson College, as well as to an international peer network of member institutions.

Babson Collaborative Visiting Scholar Initiative Annually, two Babson Collaborative member school educators are invited to join Babson College as Visiting Scholars. These scholars build teamwork and cross-school collaboration among faculty, resulting in academic research, case writing, and scholarship.

“Today, one of the key challenges for entrepreneurship educators is to understand, engage with, develop, and sustain universitybased entrepreneurial ecosystems. In my visiting position at Babson College, I had the opportunity to tackle this challenge by immersing myself in the Babson Academy community and exploring the Babson entrepreneurship education ecosystem.”

Christina Theodoraki, PhD Associate Professor in Entrepreneurship and Strategic Management TBS Education (France)

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“Entrepreneurs are skilled at asking for what they need. Whether they are trying to acquire customers, secure funding, or get others on board to help them, there is always a request for resources to advance the new venture idea. Thus, getting better at asking is crucial for aspiring entrepreneurs and must be part of every entrepreneurship education curriculum.”

Tiago Ratinho, PhD Associate Professor in Entrepreneurship IÉSEG School of Management (France)


Welcoming Our New Member Institutions OUR COMMUNITY IN 2023

43

29

MEMBER SCHOOLS

COUNTRIES

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NEW MEMBERS

Our Collaborative Circle of Influence Members The Babson Collaborative Circle of Influence provides an elevated level of membership that celebrates a member institution’s longevity in the Babson Collaborative and their demonstrated engagement, impact, and leadership within our organization. Collaborative members enter the Circle after six years of membership.

"The Babson Collaborative is key in our quest for educational excellence and the promotion of entrepreneurship. Being part of this network immerses the Universidad de Piura in a unique ecosystem that gives us access to best practices in education and innovation.”

Welcoming to the Circle of Influence in 2023: Carlos Rodrich Managing Director of the HUB UDEP Innovation and Entrepreneurship Center Universidad de Piura (Peru)

Babson Collaborative Pathway for Graduate Study at Babson As an exclusive perk of Collaborative membership, schools may sign a memorandum of understanding (MOU) to forge an official pathway into Babson College’s FW Olin Graduate School of Business. This pathway is for students, alumni, and employees of member schools and offers benefits such as fee and test waivers and eligibility for $10,000 tuition scholarships for Babson Master’s programs.

In 2023...

14 STUDENTS from 6 COUNTRIES

29 SCHOOLS in 21 COUNTRIES

Were Admitted to MSEL, MSF, or One-Year MBA Programs

Participated in the Babson Collaborative Pathway for Graduate Study at Babson

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Bachelor's challenge first-place winners: Strawire, from EDEM (Spain)

Collaborative Global Student Challenge

2023 Challenge Winners

We had another year of groundbreaking submissions for the Global Student Challenge, a competition incorporating a feasibility analysis of a new business concept that meets the requirements of the UN Sustainable Development Goals (SDGs). The challenge features a local university-based competition, followed by a global competition for the top-ranked teams from each institution. Grand prize winners received a scholarship to attend Babson Build, and all winners and runners-up received cash awards thanks to the sponsorship of Social Impact Patrons Ramón Mendiola ’86, P’20 ’21 ’23 and Sage Business, who aim to encourage young entrepreneurs in supporting the UN SDGs.

“Having our project recognized and rewarded at such a prestigious level validates the countless hours of research, brainstorming, and collaboration that we invested in our project. It strengthens our determination to continue pushing boundaries and making a difference.”

Álvaro Tordera Amorós Member, Team Strawire, EDEM Escuelas de Empresarios (Spain)

Bachelor’s Challenge Winners

1STPLACE 2 NDPLACE 3 RDPLACE

STRAWIRE EDEM Escuelas de Empresarios, Spain GLASSEE’S American University of the Middle East, Kuwait BIOALLPA Universidad de Piura, Peru

Master’s Challenge Winners

1 2 NDPLACE

CAPIPRO ST PLACE Nord University, Norway

DROP UP Universidad del Desarrollo, Chile

Global Student Challenge Participation Growth Over the Past 6 Years

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2018

2019

2020

2021

2022

2023

300+ Students 9 Member Institutions 7 Countries 80 Projects

400+ Students 12 Member Institutions 9 Countries 100+ Projects

637 Students 16 Member Institutions 12 Countries 165 Projects

875 Students 22 Member Institutions 16 Countries 215 Projects

1,217 Students 25 Member Institutions 17 Countries 356 Projects

2,600 Students 25 Member Institutions 18 Countries 730 Projects


Day three of the summit. Photo credit: Diego Rojas Reyes

Applying an Entrepreneurial Attitude to Overcome Challenges The 2023 Babson Collaborative Global Summit The 2023 Summit was hosted by Universidad del Desarrollo (UDD) in Santiago, Chile. This year’s summit explored entrepreneurship education in a post-pandemic world through critical themes including the evolution of entrepreneurial university ecosystems in the context of emerging economies, identifying entrepreneurship opportunities through nontraditional entry points, and fostering sustainable growth in entrepreneurship education.

"Subsequent to our engagement at the 2023 Global Summit in Chile, we acquired invaluable insights, particularly from the Entrepreneurship Education Ecosystem Assessment. These findings were promptly relayed to the University's senior management, catalyzing a series of workshops involving prominent representatives from various faculties within the University dedicated to Entrepreneurship Development . . . Moreover, these findings played an important role in guiding the development of the Entrepreneurship@ UBD blueprint, marking a significant milestone in our progress."

Thuraya Farhana Haji Said, PhD Assistant Professor, Business Administration Programme UBD School of Business and Economics (UBDSBE) Universiti Brunei Darussalam (Brunei)

First In-Person Summit Since 2019

50

Educators

20

Member Institutions

15

Countries

12

Sessions

20

Speakers

12


BABSON BUILD 2023 Babson Build is an experiential program designed to help university students think and act entrepreneurially.

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Babson Build participants from around the world


In 2023, institutions from around the world continued to utilize Babson’s distinctive entrepreneurship content offerings. We welcomed 145 graduate participants and 149 undergraduate participants to campus for one- to two-week sessions.

"The Babson Build program was a lifechanging experience for me. It was a chance to learn and work together with students and entrepreneurs from every part of the world, who encourage you to leave your mark on the world."

Babson Build participant

Connecting

294 students in 18 countries across

28 institutions Babson Build gives students a taste of the No. 1 ranked entrepreneurial experience our many successful alumni receive. Babson Build students learn from the same star faculty as Babson degree program alumni like Jamie Siminoff ’99, who sold his startup, Ring, to Amazon for $1 billion, and brothers David ’05 and Andrew Heath MBA’12, whose high-end sock startup, Bombas, has revenues exceeding $100 million.

"Eye opening speech with real experience and strategies about growing and scaling in short term strategies."

Babson Build participant

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INSPIRE

We’ve found that you're never too young to think and act entrepreneurially.

ENTREPRENEURSHIP EDUCATION OFFERS LEARNING OPPORTUNITIES TO YOUTH With the integration of Youth Impact Lab into Babson Academy, we support educators from K-12 to higher education institutions and beyond, and offer robust programming for learners from age 12 through experienced educators.

Welcoming the Youth Impact Lab to the Babson Academy The Babson Academy is overjoyed to welcome the Youth Impact Lab. Formerly housed within Babson College’s Institute for Social Innovation, the Youth Impact Lab both trains K-12 educators to help guide the next generation of entrepreneurial youth leaders and provides entrepreneurship programming to middle and high school students via custom programming. The lab also offers a Summer Study Program for rising high school juniors and seniors. Through strengthening students’ resiliency, critical thinking skills, growth mentality, and socialemotional learning by teaching them how to apply an entrepreneurial approach to solve problems, we hope to help build a more equitable world.

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High School Summer Study Program 152 Students from 26 Countries In Babson's Summer Study for High School Students, rising juniors and seniors engage in a 3+ week online social impact program with peers from around the world. Students earn 4 college credits from Babson College, the top-ranked college for entrepreneurship for 30 consecutive years (U.S. News & World Report).

Summer Study 2023 Outcomes • Statistically significant increases in entrepreneurial

self-efficacy (ESE), empathy, and critical thinking skills • Overall improvement in growth mindset, grit, moral

obligation, perceived social support, and social intention


Students from Escola Concept in Brazil

200+ Educators Certified to Teach EPIC from 13 Countries: United States

Dominican Republic

Brazil

Egypt

Costa Rica

El Salvador

Saudi Arabia

Colombia

Guatemala

Singapore

Honduras Nicaragua Panama

Entrepreneurship Program for Innovators and Changemakers (EPIC) for K-12 The Babson Academy Youth Impact Lab partners with educators, schools, communities, educational systems, nonprofit organizations, and other critical stakeholders to teach them how to effectively deliver our youth entrepreneurial changemaker program, EPIC. The EPIC curriculum allows students to understand business concepts like opportunity identification, idea generation, prototyping, and marketing, while concurrently introducing them to social entrepreneurship and the UN Sustainable Development Goals.

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EPIC Student Outcomes • 95% of students stated that EPIC

increased their understanding of what it means to be an entrepreneur.

Certificate in Youth Entrepreneurship Education Outcomes • Statistically significant increases in entrepreneurial self-efficacy

(ESE), entrepreneurial identity, and teacher self-efficacy (TSE) in the entrepreneurship domain • Qualified to teach EPIC curriculum in the classroom

• 94% stated that EPIC taught

them valuable life skills. • 93% stated that solving societal

problems is something they can contribute to. • 89% stated that EPIC gave them

useful preparation for what they plan to do in life. • 83% stated that working hard in

the EPIC course increased their ability to be successful in their academic (school) achievements.

The Lincoln School The Lincoln School in Costa Rica is a private K-12 school focusing on inspiring its students to become changemakers and fostering social impact through entrepreneurship. In 2018, they contacted the Youth Impact Lab to co-create a youth entrepreneurship program to help students improve their entrepreneurial skills while developing solutions to UN Global Goals relevant to their local environment. This is the origin of the EPIC curriculum. In 2020, over 50 educators from the school participated in our first train-the-trainer program to learn how to most effectively deliver the EPIC curriculum, which is now mandatory for all ninthgrade students and offered as a summer program.

Lincoln School students in Costa Rica graduate from EPIC

The Lincoln School’s Impact with EPIC

250+ 4

PARTICIPATING STUDENTS

UNDER-RESOURCED COMMUNITIES TAUGHT IN COSTA RICA AND COLOMBIA

“This was the first time in a long time that I have experienced a challenge in learning something new in education. As a lifelong learner, this is something I crave.”

Rachel Harmon MYP and Curriculum Coordinator The Lincoln School (Costa Rica)

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Babson Global Center for Entrepreneurial Leadership (BGCEL) BGCEL was founded to promote a sustainable entrepreneurship culture and ecosystem in the Kingdom of Saudi Arabia (KSA) and the surrounding region. This year, the Youth Impact Lab certified 36 teachers from eight K-12 schools and plans to certify teachers at an additional five to eight KSA schools. We provided four schools with scholarships to license and offer the EPIC course to their students for a year.

“Your expertise and dedication have greatly helped me acquire new knowledge and skills in the field of youth entrepreneurship. The course is not only challenging yet enriching, and I appreciate the time and effort you put into making it engaging and informative. The practical insights and real-life examples you shared were particularly insightful, and they helped me understand the key concepts of youth entrepreneurship more clearly. The knowledge I have gained from your course will undoubtedly be useful in my career, and I am excited to apply it in my future venture.”

Abdallah Karroum Educator Yusr International Schools (Saudi Arabia)

Corporación Multi Inversiones (CMI) CMI is a Guatemalan-based multinational agro-industrial corporation. The Youth Impact Lab trained approximately 25 business leaders to deliver the EPIC curriculum to youth entrepreneurs in Guatemala as a part of CMI’s corporate social responsibility program.

CMI business leaders receiving training to deliver EPIC to youth

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Continuing to Diversify Entrepreneurship Education for Students HHL Leipzig Graduate School of Management HHL Leipzig Graduate School of Management was founded in 1898 as the first business school in Germany and focuses on leveraging entrepreneurship to stimulate economic growth. Each year, HHL part-time MBA students attend a weeklong Global Immersion Seminar at the end of their MBA program. Participants are invited to leading business schools in the Boston area. During this time, they spend two days at Babson, where they have the opportunity to learn across some of the most relevant topics in entrepreneurship, such as opportunities in a postpandemic world, angel investing, exit strategies, buying a small business, and more.

Inspiring New Ideas through Babson Academy Webinar Series Find Inspiration, Expand Your Network, and Shape New Ways of Thinking

Quarterly Webinars with

685 Participants in 2023

THE ONE HOUR ENTREPRENEURSHIP EDUCATOR Join our lively global community for FREE webinars on anything and everything related to entrepreneurship education: from the power of entrepreneurship in engineering and technology education to the importance of entrepreneurship in healthcare—you’ll find engaging topics and meaningful connections. Visit: babson.edu/babson-academy-webinars

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Babson Academy team in 2023


Letter from the Academic Director

The Mindset Game Is Coming in 2024

What an amazing year for the Babson Academy. Three words come to mind when I reflect on the past year: team, collaboration, and growth. What is not seen in this Impact Report are my extraordinary colleagues who operate, grow, and lead the Babson Academy. Babson Academy now employs a full-time team of 10 with additional talent coming from Babson students, faculty, and other areas across campus. Impact is only achieved through a dedicated and mission-driven team that is not only compassionate but also has an unyielding spirit to create the future rather than bask in the glory of past successes! Impact is not an end state but an upward moving target. As we look ahead to 2024, I’m excited to move upward with the team. As a preview, I’m most excited by the introduction of a new online game called The Mindset Game. This game was created with resources from the Babson Academy in concert with our undergraduate, graduate, and executive schools. In The Mindset Game, students compete in teams. In some parts of the game, speed is most important. In other parts, imagination is paramount. I’m a big advocate of play in entrepreneurship education. The Mindset Game is not a simulation; it’s so much more fun. There is a leaderboard, tokens, badges, and more. In the end, the game highlights differences between managerial and entrepreneurial mindsets. As much as we, as educators, talk about the importance of an entrepreneurial mindset, students will now be able to feel what it’s like to operate under conditions of uncertainty with limited resources. I can’t wait to play the game with those attending our Annual Collaborative Summit in India in February 2024. More information on how to access the game will be forthcoming in early 2024! Entrepreneurially,

Heidi M. Neck, PhD Academic Director, Babson Academy

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IMPACT

Price-Babson Symposium for Entrepreneurship Educators (SEE)

Price-Babson SEE is Babson’s longest standing program for entrepreneurship educators and is designed to help educators elevate their art and craft of teaching entrepreneurship. In 2023, 92 faculty and administrators from around the world came to the Babson campus for a five-day symposium designed to practice the latest experiential methods in entrepreneurship education, build a global network of like-minded educators, and develop confidence to teach at the edge of their comfort zone.

ABILITY TO CREATE MORE ACTIVE AND EXPERIENTIAL LEARNING

DEVELOPING THE CONFIDENCE TO TRY NEW TEACHING TECHNIQUES

SEE PARTICIPANTS BRING BROAD RANGE DISCIPLINE EXPERTISE

reported big or transformational impact on their ability to do this in their teaching

reported that PriceBabson SEE had a big or transformational impact on building their confidence

of Price-Babson SEE participants come from outside of business schools

78%

80%

IN 2023

LIFETIME

2 Programs

37 Years

for Faculty and Administrators

92 Participants

45%

42+ Countries 1,622 Faculty Participants

in the Past 10 Years Alone

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EDUCATORS LOVE PRICE-BABSON SEE

5 out of 5 stars: Customer satisfaction with Price-Babson SEE overall

OTHER GLOBAL SEE PROGRAMS IN 2023

4 Programs 166 Participants 10 Countries


ACTION Learn Action-Based Teaching Methods

Advance your teaching and become a more entrepreneurial educator. FOR ENTREPRENEURSHIP EDUCATORS Price-Babson Symposium

At Babson

1 week

FOR ENTREPRENEURSHIP EDUCATORS Custom Global Symposia

Online or in person

Flexible

ENTREPRENEURSHIP EDUCATORS IN ASIA AND ASIA-PACIFIC Studio for Entrepreneurship Educators—Asia

Online

2 Weeks

Get support bringing lifelong entrepreneurship education to your institution

Immerse Your Students in a Babson Experience

Build an entrepreneurial mindset with a global cohort of learners who want to change the world through action. FOR UNDERGRADUATE & GRADUATE STUDENTS Babson Build

At Babson

FOR UNDERGRADUATE STUDENTS Entrepreneurial Mindset

Online

Empower educators to lead the next generation of changemakers at the middle and high school level. FOR K-12 EDUCATORS

Certificate in Youth Entrepreneurship Education OR

Blended Online

4 weeks 9 weeks

1–2 weeks

FOR GRADUATE STUDENTS Babson Entrepreneurial Thought & Action® (BETA) Workshop

Online

Increase Youth Resiliency with an Entrepreneurial Mindset

1–2 weeks

1 week

Tackle an Institutional or Professional Project

Participate in Babson’s entrepreneurial ecosystem w hile getting guidance and developing an action plan to further build your own ecosystem. FOR ADMINISTRATORS AND FACULTY Building an Entrepreneurship Education Ecosystem

Online

3 weeks

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OUR MISSION The Babson Academy provides access, connection, and inspiration for institutions and educators who desire to grow entrepreneurship education ecosystems to accelerate the development of current and future entrepreneurial generations.

babsonacademy@babson.edu babson.edu/babsonacademy


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